Examlex
Pricing schedules with all unit quantity discounts encourage retailers to
Mean
The arithmetic average of a set of numbers, calculated by adding them together and dividing by the number of values.
Average Score
The sum of all individual scores divided by the number of scores, often used as a measure of central tendency.
Median
The middle value in a list of numbers sorted in ascending or descending order, or the mean of the two middle numbers if the list has an even number of values.
Middle Value
Also known as the median, it is the value separating the higher half from the lower half of a data sample, array, or distribution.
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